Leaderboard
542All-time rank
TF

Term Finance

Apr 26, 2025

$1.6M
Lost
$1.6M
Recovered
$0
Net loss
$1.6M
Unrecovered0% recovered

Term Finance's tETH oracle update introduced a decimal precision mismatch between oracle components. The incorrect decimal handling caused tETH to be priced incorrectly, triggering unintended liquidations of ~918 ETH as positions were force-closed at wrong prices.

Target
DeFi
Classification
Oracle Manipulation
Technique
Oracle Misconfiguration
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Apr 26, 2025
    Exploit executed — $1.6M drained via oracle misconfiguration
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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